More layoffs at Movement Mortgage mean about 150 jobs have been cut since opening Norfolk …

More layoffs at Movement Mortgage mean about 150 jobs have been cut since opening Norfolk …

Movement Mortgage laid off another 43 employees at its Norfolk hub this week, marking its third round of staff cuts since opening the headquarters last
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Shell keen on buying Alegria oil output

Pilipinas Shell Petroleum Corp. has expressed interest to purchase crude … Exchange of Hong Kong unit China International Mining Petroleum Co.
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Saudi Crown Prince Discusses Trump, Aramco, Arrests: Transcript

… billion in Softbank, energy markets and the recent arrests in the kingdom. … Bloomberg: Trump said you would last two weeks only without the U.S..
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King County housing inventory hits 2 months for first time since 2015

“Balance is finally returning to the market,” OB Jacobi, president of Windermere Real Estate, said in a statement. Housing inventory – or how long it
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Summer lull hits US loan fees despite Refinitiv deal

Total US syndicated lending slumped to US$432bn in the third quarter, the lowest quarterly amount since the first three months of 2016. However
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High society fintech under pressure to perform for billionaire backers

The moguls stakes became public as global market excitement surrounding P2P lenders reached fever pitch. Days after the billionaires' investments
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RBI Holds Key Lending Rates: Here's What Experts Say

The Reserve Bank of India held its policy rate unchanged, surprising most analysts who had expected a rate increase to combat inflationary pressures
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Freddie Mac does first post-crisis low-income housing tax credit deal

Freddie Mac made its first equity investment into a low-income housing tax credit fund in nearly a decade, through a partnership with Enterprise
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California passes historic truth in small-business lending law — Congress should take note

California made history on Sept. 30 when Gov. Jerry Brown signed the nation's first bill that will provide truth-in-lending for small-business borrowing.
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Finance of America Reverse issues second round of defaulted reverse mortgage bonds

Finance of America Reverse is back with a second round of defaulted reverse mortgage bonds. The $399 million offering is a solid marker of investor
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Square Just Made a Major Expansion to Its Lending Service

That allows it to make good lending decisions without requiring a lot of overhead to review applicants, leading to a profitable business opportunity.
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Falls Church CEO accused of multimillion-dollar real estate fraud

The owner and CEO of a Northern Virginia asset management firm is accused of lying dramatically about the size and value of his company and
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RBI to revise NBFC asset-liability norms over borrowing, lending mismatch

“Chasing lower marginal costs of funding in order to acquire or retain market share in lending is a myopic strategy. It is associated with significant
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Under fire from Musk, top fund firms defend securities lending

BOSTON (Reuters) – Accused by Tesla Inc Chief Executive Elon Musk of making “excessive profit” by lending shares to short-sellers, top index fund
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Technology helps NMDC expand lending practices

Executive Director Robert Clark told the board the lending process from pipeline to closing will be enhanced with a new online intake form, which will
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Real-estate transactions: Oct. 5, 2018

These transactions, recorded the week of Sept. 24, are compiled from information on file with the respective counties. They represent sales of, $78,000
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Understanding Mortgage Insurance: What's the Difference Between MIP and PMI?

If you're putting less than 20 percent down on a conventional loan, your lender will require you to purchase private mortgage insurance, or PMI.
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DMV rappers Ciscero and Black Fortune connect for “Bite Down”

The song also features rising DMV rapper Black Fortune whose “DMV Anthem” has been one of the region's most celebrated tracks this year.
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The Latest Epic Fail on Wheel of Fortune is Hilarious

Oh boy, Wheel of Fortune is back with the latest epic fail (commentary below). BRIDAL & _OLD SHOWER. American Cancer Society. Listen, I see this
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Freddie Mac Returns to LIHTC Market

Freddie Mac closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment Inc. and its first equity investment
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